Company Market Research Report: Synergy Settlements

Company Overview

Name

Synergy Settlements

Mission of the Company

To improve the lives of injury victims by providing innovative and comprehensive solutions to settlement issues, allowing trial lawyers to focus on fighting for their clients.

When was the Company Founded

No information is available.

Founders

No information is available.

Key People

Jason D. Lazarus: Founder, Chief Executive Officer

Anthony Prieto: Principal, Chief Financial Officer

Daniel J. Alvarez: Principal, Chief Revenue Officer

Omar Quddus: Principal

Brittany Schott, Esq.: Sr. Vice President of Operations

Teresa Kenyon, Esq.: Vice President of Lien Resolution Services

Rasa Fumagalli, JD, MSCC, CMSP-F: Director of MSP Compliance Services

Brian Rust: Controller, Director of Finance & Accounting

Jeffery Faulkner: Vice President of Sales Operations

Headquarters

2420 S Lakemont Ave, Suite 160, Orlando, FL 32814

Number of Employees

No information is available.

Revenue

No information is available.

What is the Company Known For

Synergy is known for its expertise in handling lien resolution, Medicare compliance, public benefit preservation, and settlement planning; maximizing the recovery for injury victims while allowing trial lawyers to focus on their primary tasks.

Products

Overview

Synergy Settlements offers specialized services in four key areas:

1. Lien Resolution Services
2. Medicare Compliance Services
3. Settlement Planning/Compliance
4. Government Benefit Preservation

Lien Resolution Services

Description

Synergy manages the resolution of liens to ensure that injury victims can retain the maximum amount of their settlements.

Key Features

Conditional Payment Resolution

Medicare Advantage (Part C) Plan Compliance

ERISA, FEHBA, Medicare Recovery Rights

Hospital Liens Reduction Strategies

Medicare Compliance Services

Description

Synergy offers a holistic approach to Medicare Secondary Payer (MSP) compliance, ensuring that clients remain eligible for Medicare benefits and minimize the risks involved in settlements.

Key Features

Medicare Set-Asides (MSAs)

Medical Cost Projections

Compliance Audit Services

Expert Medicare Case Evaluations (MECE)

Settlement Planning/Compliance

Description

Comprehensive planning services focused on ensuring that settlements are handled in a compliant and efficient manner.

Key Features

Structured Settlements

Attorney Fee Deferral

Government Benefit Protection

Qualified Settlement Funds

Government Benefit Preservation

Description

Services designed to preserve public benefits such as Medicaid and Supplemental Security Income (SSI) for clients post-settlement.

Key Features

Special Needs Trusts (SNTs)

ABLE Accounts

Compliance with Public Benefit Programs

Recent Developments

New Products Launched

MSP 360: A comprehensive suite of Medicare Secondary Payer compliance services.

Medicare Expert Case Evaluation (MECE): Consulting services focused on MSP compliance and future interest protection mechanisms.

New Features Added to Existing Products

Lien Resolution: Enhanced strategies for dealing with Medicaid liens following Gallardo v. Marstiller.

Compliance Services: Updates to compliance strategies to align with new MSP regulations.

New Partnerships and Awards

Recognition: Synergy has been recognized multiple times by national, state, and local publications for its rapid growth, including listings in Inc. 5000.

Awards: Awards from the Orlando Business Journal in different years for business excellence.

Collaborations: Synergy has formed strategic partnerships with numerous top-tier personal injury law firms across the country.

Testimonials

Brian Breiter, Law Offices of Brian Breiter, LLP: "When we use you guys, it is a huge benefit to our client."

Adam Shea, Panish | Shea | Boyle | Ravipudi LLP: "You’ve gotta get real pros involved and your company is the best."

Tony Romanucci, Romanucci & Blandin, LLC: "We call on people like you, and Synergy helping us because that’s not where my expertise is."

Brian Poulter, Stalwart Law Group: "I didn’t know what goes into negotiating those types of liens."

Conclusion

Synergy Settlements remains a cornerstone in the settlement services industry, renowned for its unwavering commitment to improving the lives of injury victims through innovative and comprehensive solutions. Their focus on Medicare compliance, lien resolution, and settlement planning signifies their role as a trusted partner for personal injury law firms across the United States.